SITC Container Lines’ ship-owning affiliate SITC Shipowning has commissioned up to ten 1,023TEU feeder ships from South Korean shipyard Dae Sun Shipbuilding & Engineering. Its holding group, SITC International, said in a Hong Kong Stock Exchange filing on 27 May that the order comprises eight firm vessels that are slated for delivery within 2023. SITC […]
Container volumes from Asia to the United States have skyrocketed by more than 30% in April compared to the same month last year, setting a new monthly record and marking the 10th consecutive month of year-over-year growth, according to data by an American research company, Descartes Datamyne. In particular, container exports to the US from […]
Port of Long Beach has decided to provide ocean carriers with financial incentives in order to improve its environmental footprint. Therefore POLB has announced that from 1 July, the companies bringing the greenest ships to the port can earn “the highest bonus in the world.” The Long Beach Board of Harbor Commissioners earlier this month […]
Port Houston has reported increased activity across its docks in April, showing robust growth in both containers and steel due to high regional demand. In particular, the major port in Texas saw its container volumes increased by 25% in the previous month, reaching 275,840 TEU. This is reflective of the high consumer demand, growing regional […]
Hapag-Lloyd is aiming to further enhance its container fleet with an order of an additional 60,000TEU in standard containers from China. The Hamburg-based line has noted that the huge increase in demand has led to a shortage of boxes across the world. Additionally, it mentions that severe imbalances, such as with exports from Asia, but […]
Maersk and Hapag-Lloyd have announced changes in North America charges, which are expected to take effect in mid-June and July. The Danish carrier will apply the following rate increase from the United States and Canada to Australia and New Zealand, effective from 1 July. US$200/ 20′ ft equipment US$400/ 40′ ft equipment Two weeks earlier, […]
The International Maritime Organization (IMO) has called for increased collaboration and action to tackle an escalation in the number and severity of attacks in the Gulf of Guinea region. In a resolution on recommended action to address piracy and armed robbery in the Gulf of Guinea adopted by the Maritime Safety Committee (MSC), IMO calls […]
Mediterranean Shipping Company (UK) Limited has announced a new transport yard at the Port of Liverpool supporting the company’s growing landside volumes and further enhancing its national road network. The new facility will be fully operational this year, with the MSC owned transport fleet increasing by up to 40 trucks based at the new site. […]
Lawyers for Shoei Kisen Kaisha, the owner of the Ever Given which ran aground in the Suez Canal in March, have blamed the Suez Canal Authority (SCA) for the accident, and are claiming US$100,000 in initial compensation for the detention of the vessel. Earlier this month the SCA dropped its claim against Shoei Kisen by […]
HMM has diverted a chartered multi-purpose vessel, from its breakbulk service, to fulfill an extra loader service between Busan and the US East Coast. The ship, MPV Urania, can carry 1,800TEU and departed Busan for on 20 May. Loaded with 1,474TEU of containers from South Korean exporters, MPV Urania is scheduled to arrive in Savannah […]